Fireworks already started on Dalal Street...

Hi all,

Dalal street celebrates DIWALI in Advance.... Nifty supassed 6300, closed just below it... Sensex closed above 21150.....

Now market participants can really have a Prosperous New Year.....

Cheers

Hrishi

Nifty rocking....

Hi all,

Nifty surpassed the recent top of 6252-6260....

Next hurdle can be 6300-6340-6360...

Regards

Hrishi

Nifty hits a century... Thanks its Coach, Mr. R. Rajan....

Hi all,

As stated in the morning short term bias is changed to positive with taregts near 6200-6260, out of which first target is already achieved....

6260, being a very important resistance area as earlier there was multiple divergences near that are.

Those who participated in the long run today morning, please book profits...

Aggressive traders can accumulated short trades with Strict SL above 6260 as Nifty is likely to hit the all time high there after....

Cheers

Hrishi

Bulls cheer.... R. Rajan did what markets wanted!!!

Hi all,

RBI keeps CRR unchanged at 4%  RBI hikes repo rate by 25 bps; MSF cut 25 bps. Markets off days low...

Markets off days low..

Regards

Hrishi

RBI Policy in focus...

All eyes on RBI Policy.... markets already discounted for 25 bps, anything higher than that can be a trouble for bulls....

Markets look weak after breaking 6100 which will be a support on closing basis.... lower level 6060-6000 5970-5900....

Resistances 6175-6270

Bias for markets ais bearish with lower supports as targets
Regards

Hrishi